Thursday, January 17, 2008

Bush favors tax breaks in stimulus plan (AP)



U.S. Chairman of the Federal Reserve Ben Bernanke arrives to testify before a House Budget Committee hearing on 'The Near-Term Outlook for the U.S. Economy' on Capitol Hill in Washington, January 17, 2008. (Jim Young/Reuters)AP - United for urgent action, the White House and Congress raced toward emergency steps Thursday to rescue the national economy from a possible recession, including tax rebates of $300 or more for many Americans.




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